Deutsche Lufthansa (ETR:LHA) received a €25.00 ($29.07) price target from stock analysts at Royal Bank of Canada in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 41.36% from the company’s previous close.
A number of other analysts also recently issued reports on LHA. Kepler Capital Markets set a €23.50 ($27.33) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Monday, February 11th. UBS Group set a €28.50 ($33.14) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Tuesday, February 12th. DZ Bank reiterated a “neutral” rating on shares of Deutsche Lufthansa in a report on Monday, February 18th. Sanford C. Bernstein set a €27.00 ($31.40) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Thursday, February 21st. Finally, Citigroup set a €30.00 ($34.88) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Thursday, March 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. Deutsche Lufthansa currently has a consensus rating of “Buy” and an average target price of €24.16 ($28.09).
Shares of ETR LHA opened at €17.69 ($20.56) on Tuesday. The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64. The firm has a market capitalization of $8.33 billion and a price-to-earnings ratio of 4.50. Deutsche Lufthansa has a 52-week low of €16.83 ($19.56) and a 52-week high of €24.45 ($28.43).
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company operates through Network Airlines, Eurowings, and Aviation Services. The Network Airlines segment offers passenger services through a route network of 287 destinations in 86 countries. The Eurowings segment provides passenger services through a route network of 197 destinations in 62 countries.
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